Kitui County Budget Review and Outlook Paper 2016

Abstract

This County Budget Review and Outlook Paper (CBROP) is the third one since the inception of devolution. It presents the fiscal outcome for FY 2015/16 and how this affects the financial objectives set out in the 2016/17 budget. The updated macroeconomic outlook therein also provides us with a basis to revise the 2016/17 in the context of the supplementary estimates as well as setting out the broad fiscal parameters for the next budget and in the medium term. This County Budget Review and Outlook Paper is organized in five parts as follows: Part One presents introductory information regarding the objective of the CBROP and an assessment of the County’s fiscal performance in FY 2015/16. Part Two analysis the fiscal performance in detail, capturing both revenue collection and expenditure as well as highlighting the implications of FY 2015/16 fiscal performance on fiscal responsibility principles and financial objectives contained in the 2016 County Fiscal Strategy Paper (CFSP). Part Three looks at the recent county economic developments and outlook both at the National and County levels. Part Four looks at the resource allocation framework. It gives a report of the budget estimates 2015/16 and adjustments of the same after the re-prioritization of County Government programmes for the financial year. Chapter Five concludes by giving recommendations on the best way forward...